Cheap Apartments for Rent near Alvord, IA from $500 (47 Rentals)

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Search the lowest-cost Apartments available for rent right now in Alvord.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Oakwood Apartments
1 Bedroom Apartments

Oakwood Apartments

401 S Oak StEllsworth, MN 56129
  • Utilities Included
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4801 E 41st St
1 to 2 Bedroom Apartments

4801 E 41st St

4801 E 41st StSioux Falls, SD 57110
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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PrairiE Lofts A and B
1 to 2 Bedroom Apartments

PrairiE Lofts A and B

124 W Hatting StLuverne, MN 56156
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Showing Results 1-47, Page 1 of 1

Alvord, IA Local Guide

Cheapest Available Alvord Apartments for Rent and Nearby

 

The cheapest available apartment rental in Alvord, IA is a 1 Bed unit found at Harper Point Apartments in the Southeast Sioux Falls neighborhood priced from $775. The Meadows Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Alvord apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Harper Point Apartments1 Bed, 1 Bath1BR,1BA$775
The Meadows Apartments411 1 BR1BR,1BA$800
Whisper Ridge CommonsStudio (A)Studio,1BA$814
Willows South CommonsStudioStudio,1BA$825
Briarwood Reserve Apartments1 Bedroom 1 Bathroom Apartment1BR,1BA$835
PowderHaus Apartments & TownhomesStudio Apartment (A)Studio,1BA$880
Silverthorne Flats1EStudio,1BA$893
Split Rock Village Apartments & TownhomesApartment StudioStudio,1BA$895
Whisper Creek VillageStudioStudio,1BA$895
City's Edge1x11BR,1BA$925

Best Value Apartments for Rent in Alvord, IA and Nearby

As of July 30, 2026 the best value apartment in the Alvord area is the $1.03 price per square foot 3 Bedroom 2.5 Bathroom Model at The Berg in the starting from $1,649. The second greatest value Alvord apartment is the 3 Beds, 2.5 baths Model at Sundance Ridge Townhomes starting at $1,650 with a $1.15 price per square foot in the Southeast Sioux Falls neighborhood. Here is today’s list of the best values for Alvord apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Berg3 Bedroom 2.5 Bathroom3BR,2.5BA$1.03
Sundance Ridge Townhomes3 Beds, 2.5 baths3BR,2.5BA$1.15
Valley Vue Apartments3 Bedroom 2 Bathroom3BR,2BA$1.14
Graystone Heights Luxury Apartments2 Bedroom 2 Bathroom Apartment2BR,2BA$1.23
Augusta Townhomes2 Bedroom 2 Bathroom2BR,2BA$1.23
Sunrise Apartments2B/1B2BR,1BA$1.08
Lincoln Heights2 Bed Townhome - West Side2BR,1.5BA$1.19
Welcome to Huntington VillageDakota1BR,1BA$1.26
The Meadows on Graystone1 Bedroom / 1 Bathroom1BR,1BA$1.28
Harper Point Apartments1 Bed, 1 Bath1BR,1BA$1.25

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Alvord, IA Rentals by Map

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See the most popular apartments and homes in Alvord, IA

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Frequently Asked Questions about Cheap Alvord Apartments

What is the Cheapest Studio apartment in Alvord?

Currently the most affordable Cheap Studio Apartment in Alvord is at Whisper Ridge Commons listed at $814.

How much is rent for a Cheap One Bedroom Alvord Apartment?

The lowest price for a Cheap One Bedroom Alvord Apartment is $775 at Harper Point Apartments.

What is the lowest price for a Cheap Two Bedroom Alvord Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Alvord is starting from $1,100 at Sunrise Apartments.

What is the most affordable Alvord Three Bedroom Apartment?

The best deal on a cheap Alvord Three Bedroom Apartment rental is at The Meadows on Graystone and starts from $1,350.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.